The market is getting excited about the company's exposure to the electric vehicle market via its lithium operations.
News & Analysis: Albemarle
ALB earnings call for the period ending December 31, 2020.
Shares of the lithium producer declined after it reported earnings, despite a recent warning of what the quarter's results would look like.
The stock's rise is highly tied to optimism around electric vehicles.
These companies have long track records of boosting their dividend payments -- and they don't want to stop now.
This red-hot sector is already producing big gains in 2021.
It appears Democrats control the White House and Congress now. That's good news for renewable energy investors.
Shareholders went on a roller coaster ride in 2020, but by the end it was a pretty phenomenal year.
The company reported earnings early in the month and the stock just kept rising after that.
ALB earnings call for the period ending September 30, 2020.